Types of Credit Availments. Subject to the terms and conditions hereof, the Borrower may obtain credit under the Credit Facility by way of one or more Bankers’ Acceptances, BA Rate Loans, Prime Rate Loans, Base Rate Canada Loans, Term Benchmark Loans and Letters; provided, however, that the aggregate amount of credit extended by way of Letters shall not at any time exceed $100,000,000 or the U.S. Dollar Equivalent thereof.
Appears in 1 contract
Sources: Credit Agreement (Fortis Inc.)
Types of Credit Availments. Subject to the terms and conditions hereof, the Borrower may obtain credit under the Credit Facility by way of one or more Bankers’ Acceptances, BA Rate RateTerm C▇▇▇▇ Loans, Daily Compounded C▇▇▇▇ Loans, Prime Rate Loans, Base Rate Canada Loans, Term Benchmark Loans and Letters; provided, however, that the aggregate amount of credit extended by way of Letters shall not at any time exceed $100,000,000 or the U.S. Dollar Equivalent thereof.
Appears in 1 contract
Types of Credit Availments. Subject to the terms and conditions hereof, the Borrower may obtain credit under the Credit Facility by way of one or more Bankers’ Acceptances, BA Rate Loans, Prime Rate Loans, Base Rate Canada Loans, Term Benchmark LIBOR Loans and Letters; provided, however, that the aggregate amount of credit extended by way of Letters shall not at any time exceed $100,000,000 or the U.S. Dollar Equivalent thereof.
Appears in 1 contract
Sources: Credit Agreement (Fortis Inc.)
Types of Credit Availments. Subject to the terms and conditions hereof, the Borrower may obtain credit under the Credit Facility by way of one or more Bankers’ Acceptances, BA Rate Loans, Prime Rate Loans, Base Rate Canada Loans, Term Benchmark LIBOR Loans and Letters; provided, however, that the aggregate amount of credit extended by way of Letters shall not at any time exceed $100,000,000 20,000,000 or the U.S. Dollar Equivalent thereof.
Appears in 1 contract
Sources: Credit Agreement (Fortis Inc.)